New York Post
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‘Doom spending’ is how everyone is dealing with stress: ‘Future is not guaranteed’
Posted
December 24, 2023
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0:48Now PlayingAmid the dark and stormy financial crisis, Gen Z and millennials are making it rain!
Splurging feels better than stressing — at least, that seems to be the collective stance of 20- and 30-somethings in the US, who’ve recently taken to “doom spending” their monies on luxury trips, costly escapades and impulsive delights in an effort to cope with the ever-spiraling economy.
“When older people ask me how younger people are affording nice things… I tell them it’s because we can’t afford anything else,” Maria Melchor, 27, an NYC-based financial content creator explained to a TikTok audience of 1.1 million.
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#finance #genz #millennials
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